Author: Christine Stricker
Top 10 U.S. Metros Where Homeownership Tenure Is Increasing
According to ATTOM’s just released Q1 2023 U.S. Home Sales Report, profit margins on median-priced single-family home and condo sales across the U.S. decreased to 44.2 percent as home prices stayed flat or kept declining around most of the nation. ATTOM’s latest home sales analysis shows that the drop-off in typical profit margins, from 48.7... Read More »
Top 10 U.S. Metros with the Most Foreclosure Starts in March 2023
According to ATTOM’s newly released Q1 2023 U.S. Foreclosure Market Report, there were a total of 36,617 U.S. properties with foreclosure filings in March 2023. That figure was up 19.95 percent from February 2023 and up 9.85 percent from March 2022. ATTOM’s latest foreclosure activity analysis found that nationwide in March 2023, one in every... Read More »
Top 10 U.S. Housing Markets Where Wages Are Outpacing Home Prices
According to ATTOM’s recently released Q1 2023 U.S. Home Affordability Report, the mixed picture facing home buyers – prices remaining a financial stretch but getting a bit more affordable – reflects a softening of the U.S. housing market combined with rising wages, at a time when home-mortgage rates have stabilized following a year of increases.... Read More »
Top 10 U.S. Counties with Highest Effective Property Tax Rates in 2022
According to ATTOM’s 2022 Property Tax Analysis for 87 million U.S. single family homes, $339.8 billion in property taxes were levied on single-family homes in 2022. That figure is up 3.6 percent from $328 billion in 2021, and more than double the 1.6 percent growth last year; although smaller than the 5.4 percent increase the prior year. ATTOM’s... Read More »
Top 10 U.S. Counties with Largest Quarterly Decreases in Portion of Wages Needed for Homeownership
According to ATTOM’s Q1 2023 U.S. Home Affordability Report, median-priced single-family homes and condos are less affordable in Q1 2023 compared to historical averages in 94 percent of U.S. counties analyzed. That figure is far above the 62 percent of counties that were historically less affordable in Q1 2022. ATTOM’s latest home affordability... Read More »
Top 10 U.S. Counties with Highest Home Flipping Profits in 2022
According to ATTOM’s Year-End 2022 U.S. Home Flipping Report, there were 407,417 single-family homes and condos flipped in the U.S. in 2022. That figure was up 14 percent from 357,666 in 2021 and 58 percent from 2020, to the highest point since at least 2005. ATTOM’s latest home flipping analysis revealed that the number of homes flipped by... Read More »